Billionaire Lei Jun, chairman and chief executive officer of Xiaomi Corp., speaks during a news conference on the sidelines of the fifth session of the 12th National People's Congress (NPC) in Beijing, China, on Monday, March 6, 2017. After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi is to introduce a new artificial intelligence (AI) product soon, Lei said. Photo: Bloomberg

Xiaomi aims to ship more than 100 million phones in 2018

Billionaire Lei Jun, chairman and chief executive officer of Xiaomi Corp., speaks during a news conference on the sidelines of the fifth session of the 12th National People's Congress (NPC) in Beijing, China, on Monday, March 6, 2017. After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi is to introduce a new artificial intelligence (AI) product soon, Lei said. Photo: Bloomberg